10 Oversold Software Stocks to Buy According to Analysts

6) Blaize Holdings, Inc. (NASDAQ:BZAI)

% Decline Over Past 6 Months: ~57.1%

Average Upside Potential: ~109.2%

Number of Hedge Fund Holders: N/A

Blaize Holdings, Inc. (NASDAQ:BZAI) offers artificial intelligence (AI)-enabled edge computing solutions. DA Davidson analyst Gil Luria initiated coverage of the company’s shares with a “Buy” rating and a price objective of $10. As per the analyst, the increased decentralization of AI systems continues to stem from the need to process data closer to its source. Therefore, the analyst believes that Blaize Holdings, Inc. (NASDAQ:BZAI)’s solutions integrating hardware and software to enable on-device inference place it well to become a critical player in AI-enabled edge computing.

Blaize Holdings, Inc. (NASDAQ:BZAI) remains well-placed to capitalize on the rapid demand for edge AI. Its value proposition and solutions roadmap cater to high-performance compute demands for defense, smart city, and automotive customers, which led to the growing customer pipeline. For FY 2025, the company expects revenue of $19 million – $50 million, and for FY 2026, Blaize Holdings, Inc. (NASDAQ:BZAI) expects revenue between $105 million – $140 million, as solutions begin to get deployed.

The increase in AI workloads in industries such as automotive, retail, industrial automation, and healthcare results in a strong demand for efficient edge AI processing. Blaize Holdings, Inc. (NASDAQ:BZAI)’s Graph Streaming Processor architecture has been designed for low-power, high-performance AI inference, which makes it suitable for AI-driven software applications.